FINANCE &AMP; ECONOMY

Heliopolis for Housing and Development (HCHD) proposed two real estate projects at the Economic Summit, in New Cairo and Heliopolis City, with an investment cost of EGP 6bn. The company is studying two more projects in partnership with real estate developers.

The Federation of Egyptian Chambers of Commerce (FEDCOC) and the director-general of the European neighbourhood policy and enlargement negotiations, Christian Danielsson, discussed Friday reinforcing Egyptian–European cooperation.

Prime Minister Ibrahim Mehleb met the Managing Director of the World Bank Sri Mulyani Indrawati Sunday, on the sidelines of the Egypt Economic Development Conference (EEDC), according to a press release.

Global IT advisory services firm International Data Corporation (IDC) officially announced that it’s influential CIO Summit series will be arriving on Egypt's shores later this month for two days of cutting-edge market insights, strategy advice, and high-level networking. Hosted in"...

Top Egyptian businessman Naguib Sawiris said he was ready to invest $500 million in Egypt and was diversifying his telecoms business into infrastructure, energy and transportation, sectors which need major funds in the country.

Sawiris, a billionaire from a powerful Coptic Christian family, said the investment conference in the Red Sea resort of Sharm...

Vice President and Prime Minister and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum and Egyptian President Abdel Fattah Al-Sisi have signed an agreement to build a new administrative and business capital for Egypt.

Egypt needs $200-billion to $300-billion to develop, President Abdel Fattah al-Sisi said at an international investment conference on Sunday, pressing his campaign to lift the Arab world's most populous country from years of economic turmoil.

H.E. Hussain Jassim Al Nowais, Chairman of Khalifa Fund for Enterprise Development announces the activation of the Loan Agreement signed by Khalifa Fund and the Egyptian Ministry of International Cooperation and the Egyptian Social Fund for Development last November for a value of USD 200"...